EURGBP: Probably Bottomed, Near-term Upside Favored for FX:EURGBP by Technician

-EURGBP completed an inverse head and shoulders bottom
-Bullish engulfing candle breached the neckline of the pattern
-Falling Trend line was taken
-50-days SMA was taken
-Bullish divergence on Momentum

I am looking to long near 0.7990, targeting 0.8080 as an initial upside target, followed by the dynamic target at the falling trend line, with a stop below 0.7915.

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My best regards,
Technician

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